30 Apr
0
This post was originally published on this site
The Reserve Bank of Australia (RBA) hasn’t moved interest rates since August 2016. And if its commentary is anything to go by, that record-breaking period of policy stability — now standing at 19 meetings — look set to continue for some time yet with the bank offering an unequivocal neutral policy bias in the final paragraph of the statement, indicating that rates are going nowhere fast.
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